Buy custom Wal-Mart in the Oligopolistic Market
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Business
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| Number of pages / Number of words: |
2 / 342 |
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1. Fewer Sellers: A few firms are so large relative to the total market that they can affect the market price. This results in Mutual Interdependence where an action by one firm may cause a reaction on the part of other firms.
2. Either a homogenous or a differentiated product: Buyers may or may not be indifferent as to which seller's product they buy...
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1. Fewer Sellers: A few firms are so large relative to the total market that they can affect the market price. This results in Mutual Interdependence where an action by one firm may cause a reaction on the part of other firms.
2. Either a homogenous or a differentiated product: Buyers may or may not be indifferent as to which seller's product they buy...
Essay fragment
General points of the essay
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